January February March $147,2C0 156.400 167,200 Credit sales in Decem ber 2020 are expected to be $184,000. The company expects to collect 60 percent of a montws sales in the month of sale and 40 percent in the following month. Estimate cash receipts for each month of the hrst quarter of 2021. lection of credit January sales Collection of December sales Collection of January sales Collection of February sales Collection of March sales February March